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U.S. Steel shareholders on Friday approved its proposed $14.9 billion acquisition by Japan's Nippon Steel, taking the merger one step closer to completion even as political opposition to the deal ...
One rare and promising opportunity lies in Nippon Steel’s $14.9 billion bid to acquire U.S. Steel. More than a merger, this is a lifeline for a historic American company — and a strategic bet ...
That's the art of the deal with the Don. Selling the family silver is only OK when it’s OUR side doing it. Imagine the resultant hue and cry that would result were the situation to be reversed and it ...
Photo by Samuel Corum/UPI April 7 (UPI) --President Donald Trump on Monday ordered a review of a proposed purchase of U.S. Steel by Nippon Steel. In an executive order, Trump directed the ...
One other step he could take that would immediately increase foreign investment and increase economic security for American workers would be to approve Nippon Steel’s proposed alliance with U.S ...
Shocked by U.S ... from U.S. Steel’s embrace of entrenchment tactics. Once it became clear in February that there may still be a path to approval for the $55 per share sale to Nippon, Ancora ...
Furthermore, U.S. Steel would retain its name and headquarters in Pittsburgh, Pennsylvania. The deal seemed like a win-win for shareholders, Nippon and ... much for Trump to approve, he has ...
United Steelworkers International President David McCall sent a letter Monday to U.S. Treasury Secretary ... proposed $14.9 billion sale of United States Steel Corp. to Nippon Steel have only ...
President Trump underscored that U.S. Steel should remain an American company, but said he is open to Japanese steelmaking giant Nippon Steel investing in it. “For a foreign country to buy that ...
For more than a year, Japan's Nippon Steel has been trying to buy U.S. Steel. Trump doesn't want this sale to happen ... it would yield shareholders a nearly 50% profit almost immediately.
U.S. Steel X-1.25%decrease; red down pointing triangle swung to a loss in the first quarter as results were weighed down by mining logistics constraints on its core flat-rolled segment and lagging ...